Break lower for liquidity grab. Order Block Daily close below. Entry Above daily open price.
Simple down trend, multiple test of a level, SL above max resistance, Engulfing 1H candle 2.5:1, 1% risk
Potential future setup. Approach daily resistance level. Ascending wedge. Looking for break lower.
(Patience) Break and retest on bitcoin for weekly wick fill. TIP: It’s kind of an obvious setup so I think you’ll get that big wick (that BTC frequently does) to hit SL on people already in a buy position or a close below support to fake out people trying to sell, then a close back above the support for the move.
-Weak USD -Break of short term bearish trend -Double bottom on 1H (Retest) - Full 61.8 Fib Retracement Entry: 1970 (now) SL: 1959.40 (100 pips) TP: 2012 - ish (400 pips)
Clear channel. False Breakout. Movement to the bottom of the channel.